General
Beginner
Updated 1/15/2025
What is
Good Whale Fund?
Community treasury for funding Ergo ecosystem development, marketing, and community initiatives through transparent proposal and voting processes.
The Good Whale Fund is a community-managed treasury that supports Ergo ecosystem development, marketing initiatives, and community projects. It represents the idea that large holders ('whales') can be positive forces by contributing to ecosystem growth rather than just accumulating. The fund operates through transparent proposal and voting processes, allowing the community to decide which initiatives receive support. Projects funded include development grants, marketing campaigns, educational content, and community events.
Key Points
- Community-managed ecosystem treasury
- Funds development, marketing, education
- Transparent proposal process
- Community voting on initiatives
- Positive 'whale' contribution model
- Supports ecosystem growth
Use Cases
1
Funding ecosystem development
2
Supporting marketing initiatives
3
Sponsoring community events
4
Providing developer grants
5
Creating educational content
Technical Details
The Good Whale Fund operates through community governance mechanisms. Proposals are submitted on the Ergo Forum, discussed by the community, and voted upon. Funded initiatives include: developer grants for ecosystem tools, marketing campaigns, conference sponsorships, educational content creation, and community event support.
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Frequently Asked Questions
Questions about Good Whale Fund
Common questions about this topic
How to get started with Ergo?
Start by getting a wallet (Nautilus for browser, Terminus for mobile). Back up your seed phrase securely offline. Get some ERG from an exchange (Gate.io, KuCoin) or DEX (Spectrum). Make a test transaction. Then explore: try DeFi on Spectrum, check out NFTs, or dive into the technology if you're a builder.
How-to
Getting Started
Is Ergo a good investment?
This is not financial advice. Ergo has strong fundamentals: fair launch (no VC dump risk), innovative technology (eUTXO, Sigma Protocols, NiPoPoWs), active development, and a cypherpunk ethos. It's a smaller market cap project with higher risk/reward than established chains. Research thoroughly, understand the technology, and never invest more than you can afford to lose.
Comparison
Getting Started
Why does Ergo's lack of VC funding matter?
VC-funded chains have misaligned incentives: VCs need exits, so they push for hype over substance, centralized control, and token dumps. Ergo's fair launch means no insider allocations, no pressure to pump price, and no corporate governance. The community controls Ergo, not investors seeking returns.
Philosophy
Philosophy
What can I do with Ergo?
Ergo supports a full ecosystem: trade on Spectrum DEX, use SigmaUSD stablecoin, mix transactions with ErgoMixer, collect NFTs on SkyHarbor, mine with GPUs, lend/borrow on DuckPools, bridge to other chains via Rosen, and build dApps with ErgoScript. It's a complete platform for decentralized finance and applications.
Explainer
Getting Started